Inflation
‘It’s economic suicide!’ Turkey cuts interest rate despite 80% inflation
Turkish President Tayyip Erdogan holds the contrarian view that high interest rates cause inflation rather than serve to slow it.
The Money Show interviews Alexander Forbes' Paresh Prema and Profmed CEO Craig Comrie.
The Money Show's Bruce Whitfield interviews Kevin Lings, Chief Economist at Stanlib Asset Management.
Zimbabwe has the highest inflation rate in the world, according to Steve Hanke, a professor of Applied Economics at Johns Hopkins University, who believes it can only be remedied by the full adoption of the US dollar.
Inflation data due to be released Wednesday is expected to show at least a partial cooling down of consumer prices and bring a breath of fresh air for US President Joe Biden just months before crucial midterm elections.
The US restaurant chain scored higher comparable sales in most major markets except China, where Covid-19 restrictions hit sales.
The effects of high inflation have been highlighted as the main reasons that the reserve bank has moved to hike the repo rate, and included in this are increased wage levels.
The repo rate has been increased by 75 basis points to 5.5%, with the prime lending rate now at 9%.
Bruce Whitfield interviews economist Goolam Ballim (Standard Bank) after the Reserve Bank announced a repo rate increase.
Reserve Bank Governor Lesetja Kganyago has announced that the repo rate has been increased by 75 basis points to 5.5%.
South Africa has been tracking global inflationary pressures and this country is not unique in seeing prices rise.
The Money Show interviews Andrew Woodburn, MD of executive search consultancy Amrop Woodburn Mann.
Rising fuel prices have been taking their toll on inflation, with CPI at its highest level in 13 years.
This is bad news for consumers who are struggling to make ends meet.
Personal finance expert Maya Fisher-French with her perspective on why inflation is hurting us more in SA - on The Money Show.
Bruce Whitfield talks to Citibank Economist Gina Schoeman about how the US number affects emerging markets like South Africa.
Refilwe Moloto speaks to a journalist and economic research analyst in Sri Lanka, Shiran Illanperuma, about the protest action happening in Sri Lanka.
As prices keep rising, an aquarium in Japan tried to cut costs by switching its penguins to a cheaper fish.
The Money Show's Bruce Whitfield interviews Arnold Prinsloo, CEO of pork brand Eskort.